ST. CROIX INSIGHTS

The Benefits of Having Children

BY BRETT ANDERSON/ST.CROIX ADVISORS, LLC

benefits of having children

Our messy, beautiful lives are filled with countless blessings, and for those of us who are parents, children rank among the greatest. Parenthood might not suit everyone, yet the rewards of nurturing children through their growth into adulthood are immeasurable.

However, parenting comes with its share of challenges.

Parenting: Great Challenges, Greater Rewards

From the moment you have a child, you realize that parenting is no walk in the park. There are numerous moving parts—any of which might end up in Junior’s mouth the moment you turn away. For every tried-and-tested parenting approach, there’s someone ready to criticize your methods.

Let me tell you, it’s a real challenge. The internet offers a wealth of information, bookstores abound with well-meaning parenting guides, but in the end, each family must chart its own course. And that journey often involves a scarcity of sleep.

The Benefits of Having Children

Despite all the challenges, parenthood is incredibly rewarding in ways that only another parent can understand. Here are just a few of the ways in which having children enriches our lives:

  • You get to raise a responsible, caring citizen who can help make the world a better place.
  • A front-row seat to (and crucial role in) the complete development of a real live human being.
  • You have the ability to build a family and cultivate a sense of love, security, and shared commitment.
  • Your genes, your surname, and your stuff gets passed down to another generation (whether they want them or not).
  • You get a built-in support system to care for you in your old age.
  • If you’re lucky, you get grandkids.

The Cycle Repeats

When you have children of your own—and I’m talking about the two-legged kind, although the furry and scaly ones also greatly enhance our lives—you’ll reflect on your own parents’ approach to parenting. You’ll recall all the mistakes you swore you wouldn’t make but did anyway.

Then, you’ll embrace your children, express your love, and strive to do better. What more can any of us aspire to do?

To My Children

If you’ve been following these life lessons on the SCA blog, you know that my purpose behind these lessons is really to speak to my own children and give them some insight into who I am and how I view the world. I would like to close today’s lesson by addressing my children directly.

Maybe one day you’ll be blessed with children of your own. If you are—meaning your mom and I will be grandparents—I will have about a million things to tell you, advise you on, and suggest. But for now, I have this single warning:

Those kids will be so spoiled that all you’ll be able to do is shake your head. Please understand: it’s just our way of getting back at you for all the stuff we had to deal with when you were kids. (Don’t say I didn’t warn you.)

Also, sign up for our eNewsletter blog that includes timely financial matters, news, and planning strategies that you can implement today.

Ask yourself- can my portfolio support my lifestyle in my retirement? 

9 + 15 =